ASB Security

ASB Security

ASB Securities suffered a privacy breach in August 2018 which left hundreds of online accounts to be viewed and traded by users without permission.

The company was fined about $80,000 for the breach as a significant number of client accounts were able to be accessed by unauthorised individuals and were vulnerable to activity that could have had a significant impact on clients in terms of financial loss and violations of client privacy and account security.

Source: https://www.nzherald.co.nz/business/asb-securities-hit-with-80000-fine-for-14-year-privacy-breach/BODXUDMIHCUPIEKR5E2P3EHJGI/

TPRM report: https://scoringcyber.rankiteo.com/company/asb-security-bv

"id": "asb19017922",
"linkid": "asb-security-bv",
"type": "Breach",
"date": "08/2018",
"severity": "100",
"impact": "4",
"explanation": "Attack with significant impact with customers data leaks"
{'affected_entities': [{'customers_affected': 'Hundreds',
                        'industry': 'Finance',
                        'name': 'ASB Securities',
                        'type': 'Financial Services'}],
 'data_breach': {'number_of_records_exposed': 'Hundreds',
                 'sensitivity_of_data': 'High',
                 'type_of_data_compromised': 'Client account information'},
 'date_detected': '2018-08-01',
 'description': 'ASB Securities suffered a privacy breach in August 2018 which '
                'left hundreds of online accounts to be viewed and traded by '
                'users without permission.',
 'impact': {'data_compromised': 'Client account information',
            'legal_liabilities': 'Fined $80,000'},
 'regulatory_compliance': {'fines_imposed': '$80,000'},
 'title': 'ASB Securities Privacy Breach',
 'type': 'Privacy Breach'}
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